Kate Bosworth has come a long way for her arrival to the Hollywood scene with Blue Crush. Now, the polished actress has evolved into a fashion maven with her closet filled with Isabel MArant, Chloe and Proenza Schouler, among other notable luxury designers. Bosworth also has a canny knack of mixing looks, labels and everyday staple items, event shopping at retailers like Topshop, that always keeps her wardrobe interesting and us interested in what she will be modeling next.

But her latest splurge purchase definitely falls in the high- fashion category: an embellished black Miu Miu shoulder bag.

Bosworth dishes on why she shelled out a pretty penny (almost $1,500) for the bag: "This classic Miu Miu shoulder bag has just the right amount of whimsy," she tells The Cut. "I saw it online and knew it was a great find. When purchasing a more expensive item, I am careful to invest in something that has a timeless quality, so that I can continue to wear it for years.”

The piece is definitely a timeless item and we can buy that justification, Bosworth. Who doesn’t love a great fashion find that you can adore the rest of your life.